Decentralized exchange (DEX) Trader Joe announced on social platform X without warning yesterday evening that it will launch its own blockchain phone, JONE. While the community was engaged in intense discussion, the official also admitted that it was actually a joke, but it seems that there is still a foreshadowing.
(Background:
Solana Saga second-generation phone available for pre-order! Price $450, community rushing for “airdrop wealth” opportunity
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(Background supplement:
YouTuber with millions of subscribers criticized Solana Saga as the “worst phone of the year”: outdated design, tiny battery… even airdrops can’t save it
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Yesterday evening, decentralized exchange (DEX) Trader Joe posted a tweet on social platform X (formerly Twitter), announcing the upcoming pre-sale of its blockchain phone JONE:
As soon as the official post was published, it immediately sparked a lot of discussion in the community: “Super excited”, “Are you serious? You’ll lose money”, “Can I buy it with AVAX” … However, since Trader Joe has not yet released detailed information about JONE, such as price, specifications, release time, etc., the community also discussed with skepticism whether this is just a meme or if there is a real plan behind it.
Amidst the polarized opinions in the community, Trader Joe officially posted a statement at around 23:30 last night, confirming that it was indeed a joke, but did not rule out the possibility of launching a phone in the future.
Solana Saga second-generation phone available for pre-order
The reason Trader Joe made this tweet is clearly to replicate the success of Solana’s first blockchain phone, Saga. After all, many users bought Saga not primarily because they were attracted to the phone’s hardware, but rather to chase after airdrop rewards.
It is understood that the additional income from the Saga phone mainly consists of three parts:
Airdrop income: Holding Saga can receive airdrops from multiple projects and have exclusive NFT minting qualifications, including Call of Saga, Access Protocol (ACS), Samoyedcoin (SAMO), and Solend (SLND) specifically.
Mining income: Mining income refers to the fact that Saga phone holders can mine the decentralized wireless communication network Helium Mobile (MOBILE) and the decentralized storage network ShdwDrive (SHDW).
Resale: It is understood that in December last year, Solana officially announced that Saga was sold out in North America, with only a small amount of inventory remaining in Europe. On e-commerce websites such as eBay, the resale price of Saga in the second-hand market even exceeded $2,000 at one point.
Further reading:
If you bought a Solana Saga phone for $599, how much can you earn now?
Currently, Solana is capitalizing on its success and has announced this week that the second generation of Saga phones is available for pre-order. If other projects want to launch blockchain phones in a short period of time, it is highly likely that they will follow the development path of Saga and use airdrops, mining, and other incentives to attract users. Whether there will be other innovations worth our continued observation remains to be seen.
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